Job Report Delivers Jab to Wall Street

Last Update: 7/02/2009 5:25 pm

Dow Jones

Stocks tumbled Thursday, with the Dow losing 212 points, after a worse-than-expected jobs report hammered hopes that the economy is close to stabilizing.

The Dow Jones industrial average fell 223 points, or 2.6%. The S&P 500 index lost nearly 27 points, or 2.9% and the Nasdaq fell 49 points, or 2.7%.

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